Commodities (Crude Oil & Copper) & Macro Outlook

According to Korean financial authorities, HomePlus's restructuring plan was approved by Seoul Bankruptcy Court today (September 3). The company's 402 billion won (approximately $300 million USD) in unmatured asset-backed short-term bonds (ASTB) will be repaid in installments over six years

According to Yonhapinfomax, Japan's Nikkei 225 index rose 0.13% to 64,408.08 on September 3 morning, marking its first gain in four trading days. The rally was supported by a overnight rebound in U.S. equities, where major indices advanced for the first time in four sessions as U.S. Treasury

According to Jin10 Futures, Cape freight rates from Guinea to China hit their highest level in five years on September 3, rising to $40.5 per ton from a recent low of $36 per ton. The surge is primarily driven by climbing fuel costs, as Brent crude oil jumped 4.6% to $94.65 per barrel and

The U.S. Commodity Futures Trading Commission (CFTC) has requested a federal court to dismiss the Chicago Mercantile Exchange's (CME) lawsuit challenging its classification of crypto perpetual contracts as futures. The CFTC argues that CME lacks standing since the exchange can list these contracts i

Bitcoin traded in a narrow range near $77,000 in early trading on September 3. CoinGlass data showed that liquidations across the global crypto market totaled $286 million over the past 24 hours, including $164 million in long positions and $122 million in short positions, with a total of 105,000 traders liquidated. Alternative.me data showed the Fear and Greed Index at 65 (Greed). $286 Million in Global Liquidations, Including $164 Million in Long Positions According to CoinGlass data, liquidat

The U.S. Mint officially began selling the “2026 Trump Presidential $1 Coin Commemorating the 250th Anniversary of the Founding of the United States” on Sept. 2, celebrating the 250th anniversary of the issuance of the U.S. Declaration of Independence. This gold-colored, manganese-brass-clad coin was struck to circulation-grade standards and is legal tender, but the Mint explicitly stated that it has “not yet been released into circulation,” with the product primarily targeting the collector mar

Bitcoin (BTC) remains range-bound, currently around $77,320 on September 3. The U.S. Commodity Futures Trading Commission (CFTC) plans to introduce rules addressing potential conflicts of interest between prediction market exchanges and affiliated trading firms. Arthur Hayes firmly believes Bitcoin will reach $1 million by 2030 and has abandoned HYPE in favor of buying ETH. Macro Events & Crypto Hotspots According to The Information, the U.S. Commodity Futures Trading Commission (CFTC) is review

Australia's exports fell 3.3% month-over-month in July, reversing the previous month's 9.6% increase.

WTI crude oil futures touched $91 per barrel today, gaining 0.41% in intraday trading.

According to analysis from light-years futures cited by Jin10, US August ADP employment additions came in at 37,000 yesterday, falling below the prior month's 46,000 and marking the lowest monthly increase since January 2026. Market attention now turns to Friday's non-farm payroll report for

Bitcoin is facing dual pressure from inflation concerns triggered by rising oil prices and expectations of a FED rate hike, and was temporarily trading at around $77,000 on September 3. WTI crude oil was trading at around $90.80 per barrel, up approximately 35.48% cumulatively from $67.02 before the outbreak of the Iran war. U.S. President Trump posted on Truth Social proposing that the Strait of Hormuz be renamed the “Trump Strait,” claiming that the United States has almost complete control ov

Fuel oil futures contracts declined over 2% during intraday trading on September 3, reaching 3,890 yuan per ton.

On September 3 at market open, China's commodity futures contracts showed mixed trading. Container shipping European routes (集运欧线) fell 4%, while coke and coking coal declined over 2%. Low-sulfur fuel oil (LU), caustic soda, fuel oil, and polysilicon retreated over 1%. On the upside, palladium

US Special Envoy Steve Witkoff met with UAE National Security Advisor Tahnoon bin Zayed Al Nahyan (TBZ) last weekend on the Mediterranean island of Sardinia to discuss next steps for resolving the Iran crisis, Axios reported on the 2nd (local time) citing two sources. The meeting occurred days

According to Jin10 Futures and Jinlian Creative, on September 3, crude oil reference price averaged $90.06 per barrel with a 2.68 percent rate of change, prompting a recommended increase of 140 yuan per ton for domestic gasoline and diesel retail prices. The next pricing adjustment window is

According to Jin10 Futures, on September 3, South China's LPG market continued its uptrend, with refineries maintaining low supply and inventory while multiple terminals restricted or halted sales, creating supply tightness. The rally was further supported by escalating U.S.-Iran tensions, which st

South Korea's Vice Finance Minister Heo Jang chaired an emergency economic meeting on September 3rd at the Government Complex-Seoul, warning that uncertainty surrounding the Middle East war and potential resumption of military conflict between the US and Iran continues to persist. Heo emphasized the

According to Jin10 Futures, during early trading on September 3, former U.S. President Trump stated his administration is prepared to launch another attack on Iran, asserting complete control over the Strait of Hormuz. International crude oil prices edged higher following the remarks, with market pa

Stocks and bonds declined simultaneously since late last month, reversing their typical inverse relationship. KOSPI fell 3.8% while the 10-year Korean treasury yield rose 0.1 percentage point during this period. The simultaneous drop stems from rising oil prices, central bank monetary tightening, an